Saturday, April 24, 2010

Human Capital (12)

Walmart escalates human capital by incorporating "business simulation" programs to coach employees on how to react to various situations. People are one of the most important aspects of the organization, so Walmart offers training on a continuous basis to keep employee's skills up-to-date. "Stores of Learning" and "Assistant Management Training" programs to help managers make good decisions and become better leaders.
http://walmartstores.com/careers/7740.aspx

Org. Structure

Walmart operates under a functional organizational structure. The Bill Simon, COO and executive VP, announced in January 2010 that American Walmart division will restructure the organization. Walmart will divide the US stores into Walmart North, Walmart South, and Walmart West.

Friday, April 16, 2010

Wal-mart's Corporate Goveranace (10)

Within the past few years,Walmart has been criticized for their poor corporate governance. Poor internal controls led to reports of gender discrimination,employees being forced to work extra hours without compensation, using unethical measures to pressure employees to not vote for unions.

Saturday, April 10, 2010

Strategic Alliance

Earlier this year, Walmart formed a strategic alliance with Li & Fung to form Global Merchandising Centers (GMC). This alliance will enable Walmart to lower cost and increase their speed in the global market.